The Business of Media: Few waves being made in national radio market

'Now interest in radio stations has waned considerably, given the collapse in Irish advertising'.

Commercial radio licences come up for renewal every ten years, a process the broadcasting regulator is now going through.

Last time around, there was incredible investor appetite in the sector, as it looked as if getting a slot on the Irish airwaves was a licence to print money. Indeed, there were even suggestions from the government that the state should build a clause into licences which would see it get a slice of the tens...